How to Choose a Payment Gateway for Your Travel Agency
There is a saying among travel agents that traveling leaves you speechless until it turns you into a storyteller. The same can be said for choosing the wrong payment gateway for business website – only the stories you’ll tell won’t be pretty.
Travel Industry is Considered High Risk
As romantic and picturesque the travel industry can seem to outsiders, as full of risk it seems to bankers and other people who deal in payment solutions. As a consequence, travel agencies score very high on these bankers’ list of high-risk businesses.
Why High risk Seems Difficult To Get Payment Gateway For Your Travel Agency?
Because of these risk factors, a regular bank is very unlikely to provide a payment gateway for a travel agency. The same applies to mainstream multi currency payment gateway services like Stripe, Pioneer, and PayPal.
Even if you get a PayPal account, it is likely to be shut down with no warning if a chargeback or some other “anomaly” happens. That is bad enough in of itself – but they are also likely to freeze the money you have in the account. You then have to spend days or weeks fighting to get it back, leave your business with no revenue, and strapped for cash during all this time.
High-Risk Payment Gateway For Travel Agency To Rescue
If the above gives you a bleak outlook on operating a travel agency, don’t despair. Have no fear 5 Star Processing is here! We work closely with travel agencies and other high-risk businesses to provide the best and most flexible payment gateway possible.
Apply For Your Travel Agency Payment Gateway Today
Our expert staff is here to help you, regardless of whether you have some questions about payment gateways, or you want to get started on applying for one. Call us today at (888) 253 9692 or send an email to [email protected], and we’ll help you get the best payment gateway solution for your travel agency.